Turnkey 5-Unit Investment Property – Fully tenanted with strong rental history.
Excellent income opportunity with this well-maintained 5-unit multifamily property, each unit offering 2 bedrooms and currently occupied by reliable long-term tenants. Built in 1930, the building retains its charm while providing modern functionality. The property features electric baseboard heating, individual 60 amp breaker panels in each unit, and a 200 amp main service. A shared utility room includes separate hydro meters, a coin-operated washer and dryer, and two water heaters. The septic field is in good working order and pumped every two years. This is a solid investment with stable cash flow and minimal maintenance required. Showings Sundays only 3:30-5:00 PM WITH 24 HOURS NOTICE.
Address
1682 Whiffin Spit Rd
List Price
$999,999
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Sooke
Sub-Area
Sk Whiffin Spit
Bedrooms
10
Bathrooms
5
Floor Area
4,094 Sq. Ft.
Lot Size
16552.8 Sq. Ft.
Lot Size (Acres)
0.38 Ac.
Year Built
1930
MLS® Number
1013173
Listing Brokerage
Maxxam Realty Ltd.
Basement Area
Finished, Full
Postal Code
V9Z 0T8
Tax Amount
$3,721.75
Tax Year
2024
Features
Baseboard, Dishwasher, Electric, Mixed, Oven/Range Electric, Refrigerator, Sump Pump
Amenities
Balcony/Deck, Level, Rectangular Lot
